macroeconomics
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The World’s Factory is Producing Less, and Southeast Asia Stands to Benefit
China’s economy, after dominating global manufacturing for almost three decades, is beginning to mature away from low-cost manufacturing in favour of innovation and high-value sectors. This, combined with higher labour costs and geopolitics, has increasingly pushed mass manufacturers—foreign and Chinese—toward Southeast Asia as an industrial hub. While presenting immense benefits,…
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Chinese Yuan Under Pressure Ahead of the National People’s Congress
China will confront a unique set of economic challenges in 2025. In the past two years, the world’s second largest economy saw a lukewarm COVID-19 recovery, a property crisis and a private business crackdown—all while facing an aging population crisis. Substantive monetary easing measures are expected from the upcoming National…
Sino-Southeast Initiative 